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Dhaliwal, Navkiranjit Kaur
- Operational Performance of Factoring Companies in India:A Study of SBI Global Factors and Canbank Factors
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Authors
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1 Department of Commerce, Punjabi University, Patiala, IN
1 Department of Commerce, Punjabi University, Patiala, IN
Source
Abhigyan, Vol 33, No 4 (2016), Pagination: 12-22Abstract
The factoring is a financial service provided by the factoring institutions for financing the account receivables of a firm where business sells its invoices or account receivables to a third party called factor at a certain discount. The objective of this paper was to evaluate the operational performance of Indian Factoring Companies with special reference to SBI Global Factors and Canbank Factors. The operational performance of the Canbank Factors and SBIGFL has been analyzed on the basis of various indicators like branch expansion, number of employees, turnover, total income, total expenditure, debt purchase outstanding, advance outstanding, collection, non-performing assets and profit after tax. To calculate the performance of factoring companies Mean, Compound Annual Growth Rate, Annual Growth Rate and Coefficient of Variation has been used. The analysis of operational performance revealed that SBI Global Factors is better in turnover, total income, debt purchase outstanding, advance outstanding and collection than that of Canbank factors. SBI Global factors showed negative performance in net profit, expenditure and non-performing assets management.Keywords
Factoring, Performance, Operational, Turnover, Outstanding.
- Volatility in Exchange Rate of Indian Rupee in Pre and Post Market-Determined Exchange Rate Regime
Abstract Views :462 |
PDF Views:0
Authors
Affiliations
1 Commerce Department , Punjabi University, Patiala, IN
2 Commerce Department, Punjabi University, Patiala, IN
1 Commerce Department , Punjabi University, Patiala, IN
2 Commerce Department, Punjabi University, Patiala, IN
Source
Abhigyan, Vol 38, No 4 (2021), Pagination: 1-9Abstract
The Indian exchange rate system has matured from the earlier versions of a managed float system to a floating exchange rate system. India has followed the system of market determined foreign exchange rate since 1993 by replacing the dual exchange rate system or LERMS (Liberalized Exchange Rate Management System). Therefore, the behavior of volatility in exchange rate of Indian Rupee as against U.S. Dollar (before the implementation of market- determined exchange rate regime and after the implementation of market- determined exchange rate regime) has been empirically analyzed under the study to compare the volatility of Indian foreign exchange rate (high) in pre market- determined regime with that of the post market- determined regime period. The study revealed that the volatility of Indian foreign exchange rate remained high in the post market- determined regime than that in the pre market- determined regime.Keywords
Exchange Rate, Market- Determined, Volatility, Regime, Indian Rupee.References
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